Keep Kulhar Brains Out Of Railway Planning. Friends, As in the past kulhar brains are in charge of Indian planning process and Railways symbolizes worst ofMessage 1 of 2 , May 1, 2005View Source
Keep Kulhar Brains Out Of Railway Planning.
As in the past kulhar brains are in charge of Indian planning process and Railways symbolizes worst of Indian planning.
Freight traffic demand is high between mining areas to power plants and steel plants etc. In next 10 years India�s steel production may go up to 200 MT and coal mining to 1200 MT levels. (This is less than China�s present production levels.)
So it will be a good idea to install highly efficient and dedicated Railway Freight corridors connecting seaports, mines and consumption centers.
But Delhi to Mumbai and Kolkatta routes serve no important seaports or steel and coal mining regions though Kolkotta route tangentially touch old coal mining districts.
So it shall be waste of money.
It will also be foolish to invest Rs. 20,000 crores on Delhi metro when most of India�s trunk routes run on 100 years old outdated bridges and signaling and switching systems. Trains are run on collision courses ready to bump in to each other any time. It is no time to waste resources on undergrounds.
The money is sufficient to replace old worn out rails on all mainlines and renovate worn out bridges.
It will better if Japan is inducted as IR partner and sold 20% to 30% of IR equity for $20 billion and IR turned into efficiently managed professional JV Company.
I have innovative transportation inventions but infusion of Rs. 1,00,000 crores in next 4-5 years shall be over 50% of present FDI. It will be big boost to Indian economy. This shall open up opportunities in manufacturing, steel and mining industries too.
Japan to give Rs 22,000 cr for 2 rail projects in India
India tells Japan it will not sign non-proliferation treaty
Tribune News Service
New Delhi, April 30
Japan will extend a long-term soft loan of Rs 22,000 crore for construction of Delhi-Mumbai and Delhi-Kolkata railway freight corridors, a move that will be the rail version of Prime Minister�s Golden Quadrilateral highways project.
Detailed feasibility studies on laying the two railway corridors � Delhi-Mumbai (to cost Rs 10,000 crore) and Delhi-Howrah (to cost Rs 12,000 crore) � will start in near future and the report would be available one year after the studies begins.
Japanese Premier Junichiro Koizumi, during his talks with Prime Minister Manmohan Singh here yesterday, made it clear that Tokyo was keen on helping India to upgrade its infrastructure in a big way and bring it on a par with China in this field. This is one of the many concrete results of Mr Koizumi�s successful visit which is a pointer that Japan, which used to be the missing link of Indian foreign policy, is no longer so.
The rail corridor projects are part of an innovative and multi-pronged approach in Indo-Japan relations to bring about a quantum increase in the level of economic engagements.
It is for this purpose that Japan has offered the Special Terms for Economic Partnership (STEP) Scheme to India for carrying out large-scale priority projects in infrastructure. Unlike the Delhi Metro project, where the Japanese provided financial support, India will be getting Japanese technology and expertise in the rail corridor projects and the Japanese will be fully involved.
The loan for rail freight corridors will be for 40 years with a 10-year grace period. The interest rate for the first 30 years would be 0.3 per cent, while beyond that the interest rate would be nominally higher at 0.4 per cent. The rail corridors, once completed, will significantly de-congest the busy Delhi-Mumbai and Delhi-Kolkata routes and pave the way for better passenger rail services on these routes.
Mr Junichiro�s offer on rail corridors is in addition to Tokyo�s recent commitment of Rs 5,600 crore worth soft loans for eight projects in India in fiscal 2004. These projects include the Delhi Metro, the North Karanpura Super Thermal Power Project and the Ganga Action Plan for Water Purification. India is the largest recipient of Japanese Official Development Assistance (ODA).
In another important development, the Indian leadership made it clear to Mr Junichiro that Tokyo would be wasting its time in telling New Delhi repeatedly to sign the non-proliferation treaty (NPT) as India was not going to sign it.
It now appears that the two countries have crossed the nuclear rubicon, which is reflected by the two countries� decision to work as partners against proliferation. The Japanese had thus far taken a fundamentalist approach on the nuclear issue, but this important psychological barrier has now been crossed between the two powers.
India also conveyed to the Japanese side that it wanted to take its relations with Tokyo outside the box of South Asia as India had aspirations beyond South Asia. This has been reciprocated by the Japanese which is reflected by the two countries� decision yesterday to develop dialogue and exchanges in security and defence fields.
The two countries will join hands in ensuring maritime security in a big way and would jointly patrol the Indian Ocean and the Malacca Straits.
It now transpires that the Japanese side did not convey any concern about India�s rapidly growing strategic cooperation with China, though India�s rapidly improving relations with China and ASEAN in recent past have forced Japan to rethink its India policy in past three months. It was in this context that Mr Junichiro insisted on the institutionalised mechanism of an annual summit between the two Prime Ministers.
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Dear We all cry against kullahars. Has any one stopped taking tea in kullahars. If you love your dignity and dislike being ruled by kulahars you will do it,Message 1 of 2 , May 31, 2005View SourceDear
We all cry against kullahars. Has any one stopped
taking tea in kullahars. If you love your dignity and
dislike being ruled by kulahars you will do it, even
if non follows. Even small sacrifices get answered.
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